| (REF: R1898) Spacious Old Established Chinese Hot Food Takeaway |
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| Seller Reference: |
R1898 |
| B4S Reference: |
21661 |
| Asking Price: |
£69,950
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£140,400 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : This old established Chinese Hot Food Takeaway has been in the same hands for the past 16 years and is now solely offered for sale due to retirement.
These spacious premises only offer Takeaway and no deliveries are undertaken, in our opinion the business offers tremendous potential with the introduction of deliveries. It will be appreciated upon inspection that in view of the spacious premises there is potential to convert the premises into a Restaurant area, if desired.
SPACIOUS SINGLE FRONTED PREMISES with ceramic tiled floor, suspended ceiling with concealed lighting. Customers front area with bench seating for customers waiting. Counter.
Large adjoining level kitchen with ceramic tiled floor, tiled walls. The equipment includes stainless steel extractor unit, 8-burner Chinese cooker, 6-burner gas cooker with oven, 3 upright single door fridges, stainless steel tables, double sink and drainer.
Large rear stockroom with quarry tiled floor, 2 chest deep freezes, shelving etc.
Staff cloakroom with w.c. and wash hand basin
There are 2 additional cloakrooms (not utilized at present)
WE ARE INFORMED the turnover averages £2,700/£2,800 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of deliveries.
We understand the premises are held on a secure renewable lease for a period of 14 years from September, 2009 at a rental of £17,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,000 p.a. approx.
AS STATED THIS SPACIOUS CHINESE HOT FOOD TAKEAWAY HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Small yard at rear |
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Location: |
Situated in a parade, excellent main road trading position, densely populated residential and commercial area, LONDON, SW |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - 12 noon - 2 p.m. & 5 p.m. - 11 p.m. CLOSED ALL DAY TUESDAY Wednesday - Saturday inclusive - 12 noon - 2 p.m. & 5 p.m. - 11 p.m. Sundays & Bank Holidays - evenings only - 5 p.m. - 11 p.m. |
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The business is at present operated by a husband and wife team with the assistance of 1 of their daughters on a part time basis plus 1 part time staff employed. |
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